Market Overview

Increasing Incidence of Sudden Cardiac Arrests to Fuel Adoption of Wearable Defibrillators

Press Release   •   Jan 23, 2018 04:57 EST

QYResearchReports.com announces the addition of a new market research study to its growing market intelligence repository. The new report studies the global wearable defibrillators market in detail and presents comprehensive forecasts regarding the market’s growth trajectory in the coming years. The report, titled ‘Global Wearable Defibrillators Market Research Report 2016,’ is available for sale on the official website of QYResearchReports.com. Cardiac arrests are taking many lives every year and this has become a leading cause of death across the globe. This is expected to drive the demand for wearable defibrillators, as they help prevent sudden cardiac arrests by helping the heart to contract and relax. Defibrillators send an electrical current to the heart which is then used to re-start a normal heart rhythm, thus helping in preventing abrupt cardiac arrests.

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The global wearable defibrillators market is driven by the need to prevent and treat life-threatening heart dysrhythmias, ventricular tachycardia, and ventricular fibrillation. By controlling the irregular heartbeat, these devices avert heart failures and treat patients struck by sudden heart failures. Doctors across the globe are increasingly recommending patients to opt for wearable defibrillators if they are found to be at a high risk of sudden cardiac arrest. Technological advancements and increased training and awareness among patients are factors behind the escalated adoption of these devices by outpatients. In addition to this, government initiatives have helped increase the spending on research and development and this in turn is improving the efficiency of these devices, driving the market.

Rapid growth in the geriatric population is acting as a key driver for the wearable defibrillators market. Additionally, increased efforts by both public and private organizations, as well as key players on making these devices available will aid the growth of the market. On the other hand, factors limiting the growth of the wearable defibrillators market include problems related with the use of these devices and a lack of awareness about sudden cardiac arrest. The inability of these devices to monitor atrial arrhythmia is another factor restricting the adoption of these devices. However, technological advancements are expected to resolve the issue and reduce the impact of this restraint.

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The global wearable defibrillators market can be segmented on the basis of condition, application, and geography. By application, the market is segmented into hospitals, prehospitals, home, alternate care market, public access market, and emergency medical services. On the basis of condition, the global wearable defibrillators market is segmented into inherited arrhythmias, congenital heart disease, and peripartum cardiomyopathy.

The report profiles key players in the market such as Sorin Group, Physio-Control, Inc., Boston Scientific Corporation, Medtronic, Inc., Philips Healthcare, Zoll Medical Corporation, ST. Jude Medical, Inc., Cardiac Science Corporation, Biotronik Se & Co.KG, and Nihon Kohden Corporation.

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